Many businesses are worried President Biden's economic plan to raise taxes and minimum wage could hurt their companies. FOX Business' Grady Trimble with more.for government employees to $15 an hour, according to new guidance from the Office of Personnel Management.
The directive will affect nearly 70,000 federal workers, most of whom work at the Departments of Defense, Agriculture and Veteran Affairs, OPM said in a statement on Friday. The new minimum wage applies to all executive branch agencies, except the U.S. Postal Service and Postal Regulatory Commission. Agencies are expected to implement the higher wage by Jan. 30. There are 2.2 million federal workers, a majority of whom already earn $15 an hour. There are 2.
NEW YORK, NEW YORK - SEPTEMBER 21: U.S. President Joe Biden addresses the 76th Session of the U.N. General Assembly on September 21, 2021 at U.N. headquarters in New York City."Raising pay rates across the federal government to a minimum of $15 per hour reflects our appreciation for the federal workforce and our values as a nation," Kiran Ahuja, director of the Office of Personnel Management, said in the statement.
Biden's executive order also eliminated the tipped minimum wage for federal contractors by 2024, requiring those workers to earn the same $15 minimum wage as other employees. "Raising the minimum wage enhances worker productivity and generates higher-quality work by boosting workers’ health, morale, and effort; reducing absenteeism and turnover; and lowering supervisory and training costs," the White Houses said in April.Democrats have pushed for legislation that would raise the federal minimum wage to $15 per hour by 2025, but have failed to move it through Congress.
He is ridiculous like he owns the federal government
Dow has dropped 1700 points this week thanks Brandon
This guy needs to sneak out of the house soon!
So, the country is having shortages on employees and product, but yeah lets raise the federal agencies wages to $15 dollars and hours, that's a great idea at this time.
I don’t know of any business paying less than $15 an hour. The increase shouldn’t have much of an affect on businesses. I think the shut downs are far more harmful
And HIS runaway inflation lessens any beneficial effect!
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Exclusive: Biden administration raises minimum wage for federal employees to $15EXCLUSIVE: Federal agencies are being directed to raise the minimum wages for government employees to $15 an hour, according to new guidance from the Office of Personnel Management.
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Biden's $15 Minimum Wage Hike for Federal Agencies Is Now in EffectFederal agencies were told on Friday to raise the minimum wage to $15 for workers, according to a memo from the Office of Personnel Management.
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